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No Regulation
Score
1.09 /10
Danger
ABASTR
Within 1 yearSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index3.78
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-12-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
ABASTR Information
Abeufx is a new brokerage firm that was founded in the year 2024. They offer 100 + financial instruments including forex, indices, and more through the ST5 trading platform and a demo account. Yet the leverage and spread rates are missing. Besides, there are no sufficient legal prescriptions for the state regulation of ABASTRs activity.
Pros and Cons
| Pros | Cons |
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Is ABASTR Legit?
There is no regulatory body to oversee ABASTR's operation. Such absence of rules places investors at a higher risk. The domain abastrfx.com was registered on July 24, 2024, on Whois, but it is currently in a status where the owner has prohibited domain transfers.
What Can I Trade on ABASTR?
ABASTR offers 100+ tradable assets, including forex, synthetic indices, stocks, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stock | ✔ |
| Indices | ✔ |
| Cryptocurrency | ❌ |
| Shares | ❌ |
| Metals | ❌ |
Account Type
ABASTR offers a single accounttype for different global investment options. It also includes a demo account for newcomers for practice.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| ST5 | ✔ | PC and mobile | Investors of all experience levels |
| MT5 | ❌ | PC and mobile | Investors of all experience levels |
Deposit and Withdrawal
ABASTR provides digital currency deposits and fast withdrawals in multi-national banks. However, the minimum amount and required fees for deposits and quick withdrawals are not specified.
Customer Service
You can reach out to ABASTR's support team via live chat 24/7 orby email at support@abastrfx.com
| Contact Options | Details |
| Phone | ❌ |
| support@abastrfx.com | |
| Support Ticket System | ❌ |
| Online Chat | ✔ |
| Social Media | ❌ |
| Supported Language | English |
| Website Language | English |
| Physical Address | ❌ |
The Bottom Line
ABASTR has a functional and cheerful design as a part of the ST5 platform, on which the user can trade in various assets, and even create a demo account. However, the disadvantage is no regulation This is the biggest risk to investors money. Besides, there is no fee information for trading. ABASTR may only be most useful for trading by those who are already experienced and in a position to gather enough information on their own.
FAQs
Is ABASTR good for beginners?
No, it is not for beginners because of the no legislation governing it and the relative danger of the investment.
Is ABASTR good for day trading?
Lack of compliance has been a major worry along with very little information on the amount of fees charged. Consider regulated platforms with robust security measures for day trading.
Is it safe to trade with ABASTR?
Trading with ABASTR involves a lot of risk given that the company is not regulated. Only invest in ABASTR if you understand the risks.
Risk Warning
Online trading involves considerable risk, so it may not be suitable for every client. Please understand the risks involved and notice the information above provided in this review may be subject to alteration.
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